Global Wheat Prices: A Comprehensive Analysis of Current Trends and Future Directions
As we progress through the year, a notable trend has emerged in the global wheat market: a consistent downward trajectory in prices. This trend is particularly evident with Russian wheat, which currently stands as the cheapest in the world. With the Northern Hemisphere wheat harvest now complete, questions arise about the future direction of these […]
The US Approves Beef Imports from Paraguay with Conditions
The US Department of Agriculture’s Animal and Plant Health Inspection Service (APHIS) has decided to allow fresh beef from Paraguay into the United States. This decision comes with strict rules. APHIS looked into the risks of bringing in beef from Paraguay. They say it’s safe if certain conditions are met. Before, the US didn’t allow […]
Delays at Panama Canal Due to Less Rain
The Panama Canal is facing more delays because there hasn’t been enough rain in Panama. Rich Nelson, who studies farming economics at Allendale, says ships are waiting longer to go through the canal. Before, ships waited for 21 days, but now they wait for 26 days. Nelson says this isn’t a big problem for farmers […]
China Influences Soybean and Pork Exports
Recent reports show that China’s demand has increased exports of soybeans and pork. This was especially true in the week ending November 2nd. The USDA also noted that China is buying a lot of cotton, but cotton sales have gone down compared to last week. Different Trends in Agricultural Exports Not all farm products are […]
Early Weaning of Lambs: A Strategic Approach to Combat Dry Seasons
In response to the anticipated dry conditions along the east coast of New Zealand’s islands, agricultural experts are advocating for the early weaning of a portion of the lamb crop. This strategy is aimed at efficiently allocating high-quality feed to lambs, thereby facilitating the recovery of ewes’ body condition. Additionally, it opens up the possibility […]
National Chicken Council Voices Concern Over New USDA Poultry Contract Regulations
The National Chicken Council (NCC) has expressed significant reservations about the US Department of Agriculture’s (USDA) recent update to regulations that aim to enhance transparency in contracts between poultry producers and processors. The rules, announced on November 8, have been met with a mix of support and criticism from various industry associations. The NCC has […]
US Agriculture Secretary Mandates Strict ‘Born and Raised’ Criteria for Meat Procurement
In a significant move to bolster domestic agriculture, US Agriculture Secretary Tom Vilsack has announced a new set of regulations that will tighten the criteria for meat procurement by the Agriculture Department. Effective immediately, all red meat, including beef, pork, lamb, and bison procured by the department, must be sourced from animals that have been […]
A Shift in China’s Import Patterns May Impact U.S. Farm Goods, Analyst Suggests
Speaking at the Minnesota AgriGrowth Ag and Food Summit, Jacob Shapiro of Cognitive Investments offered insights into China’s evolving economic landscape and its potential effects on its import habits, particularly concerning U.S. agricultural goods. Shapiro pointed out that China’s economic focus is currently internal, with a significant transition aimed at economic stabilisation and rural wealth […]
New Zealand Lamb Market Faces Steep Price Decline, Impacting Farmer Incomes
The New Zealand lamb industry is experiencing a significant downturn in market prices, reaching lows not seen in the past six years and resulting in a substantial income reduction for sheep farmers. Recent weeks have seen lamb schedules fall, with some companies now offering as little as $6.50 per kilo, a stark contrast to the […]
Irish Beef Exports to China Halted: A Setback for the Agricultural Sector
Tánaiste Micheál Martin has expressed disappointment over the recent suspension of Irish beef exports to China, a decision prompted by the discovery of an atypical case of BSE (Bovine Spongiform Encephalopathy). The Tánaiste, currently on an official visit to China, stressed that the swift identification of the case through routine checks by the Department of […]
